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ARRY Array Technologies Inc

6.84
-0.79 (-10.35%)
16 Nov 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Array Technologies Inc NASDAQ:ARRY NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.79 -10.35% 6.84 6.84 11.80 7.70 6.84 7.64 7,246,841 05:00:05

Array Unveils SkyLink Tracker System to Maximize Solar Efficiency in Extreme Weather & Reduce Costs

07/08/2024 1:45pm

GlobeNewswire Inc.


Array Technologies (NASDAQ:ARRY)
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Array Technologies (NASDAQ: ARRY) (“Array” or the “Company”), a global leader in utility-scale solar tracking solutions, announced the launch of SkyLink, a revolutionary PV-powered wireless tracker system that builds on the capabilities of DuraTrack® and OmniTrack™️ offerings.

Array DuraTrack with SkyLink™️ and Array OmniTrack with SkyLink™️ uphold the key benefits of Array trackers that our customers depend on with added flexibility and optimization. New features include: an eight linked-row architecture with passive wind mitigation, PV string-powered brushless DC motors, Zigbee wireless communication, and a suite of SmarTrack™ features. 

“Array strives to continuously enhance our products to support customers by reducing costs and installation times, and meet the growing challenges of extreme weather conditions,” said Kevin G. Hostetler, chief executive officer at Array Technologies. “As destructive storms become more frequent, our new SkyLink tracker system, with its reliable wireless communication, ensures that solar production remains uninterrupted during power grid disruptions and adverse weather. This advanced system provides the protection needed to maintain solar energy production, particularly in regions prone to snow and hail, ultimately supporting the wider adoption of sustainable energy solutions.”

Key Features 

  • Extreme Weather Response: PV-powered control system enables solar tracker movement regardless of grid status. This ensures trackers always stow with hail or snow accumulation detected by SmarTrack Automated Snow Response and Hail Alert Response without relying on batteries operating in low temperatures and extreme weather conditions. This is combined with Array’s patented safe, passive wind stow technology.
  • Increased Project Savings: DC motor and wireless communication reduces costs associated with trenching, wiring, and electrical power supply. Coupled with easy to carry parts and zero specialized tools, SkyLink can reduce project costs and improve installation timelines for our customers.
  • Optimal Backtracking: Minimal row-to-row shading yields optimal SmarTrack backtracking performance for sites with hills or valleys, boosting power production.
  • Flexible Design: SkyLink’s innovative design enhances PV capacity and reduces costs by utilizing an eight linked-row architecture, providing greater flexibility, and optimizing layout efficiency for fragmented sites.

SkyLink builds on the proven strength of Array DuraTrack and Array OmniTrack solar trackers, reducing dependence on power grids. This enhances the overall protective performance of Array’s current utility-scale tracker products through cost-saving efficiencies, ensuring continuous solar power production. Additionally, the new SkyLink tracker system expands viable geographic areas for Array solar PV trackers to be installed around the globe.

Learn more about SkyLink here.

About Array Array Technologies (NASDAQ: ARRY) is a leading global renewable energy company and provider of utility-scale solar tracking technology. Engineered to withstand the harshest conditions on the planet, Array’s high-quality solar trackers and sophisticated software maximize energy production, accelerating the adoption of cost-effective and sustainable energy. Founded and headquartered in the United States, Array relies on its diversified global supply chain and customer-centric approach to deliver, commission, and support solar energy developments around the world, lighting the way to a brighter, smarter future for clean energy. For more news and information on Array, please visit arraytechinc.com. 

Forward Looking Statements  This press release contains forward-looking statements. These statements are not historical facts but rather are based on the Company’s current expectations and projections regarding its business, operations and other factors relating thereto. Words such as “may,” “will,” “could,” “would,” “should,” “anticipate,” “predict,” “potential,” “continue,” “expects,” “intends,” “plans,” “projects,” “believes,” “estimates” and similar expressions are used to identify these forward-looking statements. These statements are only predictions and as such are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors. Forward-looking statements should be evaluated together with the risks and uncertainties that affect our business and operations, particularly those described in more detail in the Company’s most recent Annual Report on Form 10-K and other documents on file with the SEC, each of which can be found on our website www.arraytechinc.com. Except as required by law, we assume no obligation to update these forward-looking statements, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.

Media Contact: Nicole Stewart505.589.8257nicole.stewart@arraytechinc.com

Investor Relations Contact: investors@Arraytechinc.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/faf26629-637d-40cd-b498-9bd7832f77ac

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